REG - Burning Rock Biotech - Publication of Registration Document

Burning Rock BiotechAnnouncement

21/10/2022 19:00

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RNS Number : 7801D  Burning Rock Biotech Limited  21 October 2022

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BURNING ROCK BIOTECH LIMITED - Proposed Direct Listing on the London Stock
Exchange and Publication of Registration Document

21 October 2022

Neither this announcement, nor anything contained herein, nor anything
contained in the registration document (the "Registration Document") referred
to herein shall form the basis of, or be relied upon in connection with, any
offer or commitment whatsoever in any jurisdiction. Investors should not
subscribe for or purchase any securities referred to in this announcement or
in the Registration Document except solely on the basis of the information
contained in a prospectus in its final form (together with any supplementary
prospectus, if relevant, the "Prospectus"), including the risk factors set out
therein that may be published in due course in connection with the possible
admission of the Company's American depositary shares (the "ADSs") to the
standard listing segment of the Official List of the FCA and to trading on the
Main Market of London Stock Exchange plc (the "London Stock Exchange") by way
of a direct listing.

A copy of any Prospectus will, if published by the Company, be submitted to
the FCA's National Storage Mechanism and be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and made available on
the Company's website at http://ir.brbiotech.com (http://ir.brbiotech.com)
subject to certain access restrictions.

Burning Rock Announces Publication of Registration Document and Potential
Direct Listing on the London Stock Exchange

London, 21 October 2022: Burning Rock Biotech Limited (NASDAQ: BNR, the
"Company" or "Burning Rock"), a company focusing on the application of next
generation sequencing (NGS) technology in the field of precision oncology,
announces that, further to its press release on 21 June 2022, it has applied
for admission of the ADSs to the standard listing segment of the Official List
of the FCA and to trading on the main market of the London Stock Exchange (the
"LSE") by way of a direct listing (the "Direct Listing").

Burning Rock has prepared a registration document in connection with the
Direct Listing, which has been approved by the FCA. A copy of the registration
document has been submitted to the National Storage Mechanism of the FCA and
will be available for inspection at the following link:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

A copy of the Registration Document will also be available online on the
Company's website at http://ir.brbiotech.com (http://ir.brbiotech.com) .

Should the Direct Listing proceed, Burning Rock's ADSs are expected to
continue to be listed and traded on the Nasdaq Global Market, with those ADSs
being full fungible with the ADSs listed on the LSE. Custodial and depositary
links will be established between Euroclear, Clearstream and DTC to facilitate
the cross-market transfers of the ADSs associated with secondary market
trading.

About Burning Rock

Burning Rock Biotech Limited (NASDAQ: BNR), whose mission is to guard life via
science, focuses on the application of next generation sequencing (NGS)
technology in the field of precision oncology. Its business consists of i)
NGS-based therapy selection testing for late-stage cancer patients, and ii)
cancer early detection, which has moved beyond proof-of-concept R&D into
the clinical validation stage.

For more information about Burning Rock, please visit: www.brbiotech.com.

Enquiries:

Contact: IR@brbiotech.com

Important Legal Information

The information contained in this announcement is for background purposes only
and does not purport to be full or complete, nor does this announcement
constitute or form part of any invitation or inducement to engage in
investment activity. No reliance may be placed by any person for any purpose
on the information contained in this announcement or its accuracy, fairness or
completeness. The contents of this announcement are not to be construed as
legal, financial or tax advice.

This announcement is not for release, publication or distribution, directly or
indirectly, in or into Australia, Canada, South Africa or Japan or in any
other jurisdiction where, or to any person to whom, to do so would constitute
a violation of applicable law or regulation.

These materials do not constitute or form part of any offer or invitation to
sell or issue, or any solicitation of any offer to purchase or subscribe for,
any ADSs or any other securities, nor shall it (or any part of it), or the
fact of its distribution, form the basis of, or be relied on in connection
with, any contract therefore.

This announcement may include forward-looking statements, which are based on
current expectations and projections about future events. These statements may
include, without limitation, any statements preceded by, followed by or
including words such as "target", "believe", "expect", "aim", "intend", "may",
"anticipate", "estimate", "plan", "project", "will", "can have", "likely",
"should", "would", "could" and any other words and terms of similar meaning or
the negative thereof. These forward-looking statements are subject to risks,
uncertainties and assumptions about Burning Rock and its subsidiaries. In
light of these risks, uncertainties and assumptions, the events in the
forward-looking statements may not occur. Past performance cannot be relied
upon as a guide to future performance and should not be taken as a
representation that trends or activities underlying past performance will
continue in the future. No representation or warranty is made or will be made
that any forward-looking statement will come to pass. The forward-looking
statements in this announcement speak only as at the date of this
announcement.

Burning Rock expressly disclaims any obligation or undertaking to update,
review or revise any forward-looking statements contained in this announcement
and disclaims any obligation to update its view of any risks or uncertainties
described herein or to publicly announce the results of any revisions to the
forward-looking statements made in this announcement, whether as a result of
new information, future developments or otherwise, except as required by law.

The information in this announcement is subject to change. Persons viewing
this announcement should ensure that they fully understand and accept the
risks which will be set out in the Prospectus, if published.

Unless otherwise indicated, market, industry and competitive position data are
estimates (and accordingly, approximate) and should be treated with caution.
Such information has not been audited or independently verified, nor has the
Group ascertained the underlying economic assumptions relied upon therein.
Certain data in this announcement, including financial, statistical, and
operating information has been rounded. As a result of the rounding, the
totals of data presented in this announcement may vary slightly from the
actual arithmetic totals of such data.

For the avoidance of doubt, the contents of the Company's website are not
incorporated by reference into, and do not form part of, this announcement.

 

 

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